BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) went down by -2.30% from its latest closing price compared to the recent 1-year high of $92.57. The company’s stock price has collected -1.35% of loss in the last five trading sessions. Press Release reported on 10/12/21 that BioMarin to Host Third Quarter 2021 Financial Results Conference Call and Webcast on Wednesday, October 27 at 4:30pm ET
Is It Worth Investing in BioMarin Pharmaceutical Inc. (NASDAQ :BMRN) Right Now?
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) scored a price-to-earnings ratio above its average ratio, recording 18.14 x from its present earnings ratio. Plus, the 36-month beta value for BMRN is at 0.52. Opinions of the stock are interesting as 16 analysts out of 22 who provided ratings for BioMarin Pharmaceutical Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $111.16, which is $34.01 above the current price. BMRN currently public float of 182.32M and currently shorts hold a 5.94% ratio of that float. Today, the average trading volume of BMRN was 1.10M shares.
BMRN’s Market Performance
BMRN stocks went down by -1.35% for the week, with a monthly jump of 0.85% and a quarterly performance of -3.46%, while its annual performance rate touched -3.83%. The volatility ratio for the week stands at 2.60% while the volatility levels for the past 30 days are set at 2.14% for BioMarin Pharmaceutical Inc.. The simple moving average for the period of the last 20 days is -1.07% for BMRN stocks with a simple moving average of -3.94% for the last 200 days.
Analysts’ Opinion of BMRN
Many brokerage firms have already submitted their reports for BMRN stocks, with Jefferies repeating the rating for BMRN by listing it as a “Buy.” The predicted price for BMRN in the upcoming period, according to Jefferies is $100 based on the research report published on October 07th of the current year 2021.
Stifel, on the other hand, stated in their research note that they expect to see BMRN reach a price target of $96, previously predicting the price at $86. The rating they have provided for BMRN stocks is “Buy” according to the report published on September 09th, 2021.
Robert W. Baird gave a rating of “Outperform” to BMRN, setting the target price at $101 in the report published on June 04th of the current year.
BMRN Trading at -1.58% from the 50-Day Moving Average
After a stumble in the market that brought BMRN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.01% of loss for the given period.
Volatility was left at 2.14%, however, over the last 30 days, the volatility rate increased by 2.60%, as shares sank -0.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.07% lower at present.
During the last 5 trading sessions, BMRN fell by -1.35%, which changed the moving average for the period of 200-days by -12.29% in comparison to the 20-day moving average, which settled at $77.63. In addition, BioMarin Pharmaceutical Inc. saw -12.40% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at BMRN starting from Davis George Eric, who sale 5,518 shares at the price of $76.69 back on Aug 02. After this action, Davis George Eric now owns 58,590 shares of BioMarin Pharmaceutical Inc., valued at $423,175 using the latest closing price.
BIENAIME JEAN JACQUES, the Chief Executive Officer of BioMarin Pharmaceutical Inc., sale 8,513 shares at $77.29 during a trade that took place back on May 10, which means that BIENAIME JEAN JACQUES is holding 303,839 shares at $657,970 based on the most recent closing price.
Stock Fundamentals for BMRN
Current profitability levels for the company are sitting at:
- -5.69 for the present operating margin
- +68.17 for the gross margin
The net margin for BioMarin Pharmaceutical Inc. stands at +46.63. The total capital return value is set at -2.26, while invested capital returns managed to touch 19.34. Equity return is now at value 20.20, with 14.10 for asset returns.
Based on BioMarin Pharmaceutical Inc. (BMRN), the company’s capital structure generated 27.55 points at debt to equity in total, while total debt to capital is 21.60. Total debt to assets is 19.35, with long-term debt to equity ratio resting at 27.27. Finally, the long-term debt to capital ratio is 21.38.
When we switch over and look at the enterprise to sales, we see a ratio of 9.16, with the company’s debt to enterprise value settled at 0.07. The receivables turnover for the company is 4.46 and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.76.